Got Questions? We Have Answers
For your convenience, you or your insurance agent may furnish evidence of insurance in the following ways:
- Call our Insurance Service Center at 1(800)998-0762 to provide the policy information;
- Visit our verification website www.myinsuranceinfo.com to submit proof of coverage, attach a scanned image, or check your current insurance status;
or
- Mail a copy of your current insurance policy to us at the address below
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Tampa Bay Federal Credit Union I.S.A.O.A Attn: Allied Solutions P.O. Box 948217 Maitland, FL 32794 |
Understanding the New Auto Loan Interest Deduction Under the One, Big, Beautiful Bill Act (OBBBA)
On July 4, 2025, the OBBBA was signed into law, introducing a tax benefit under Section 70203 — No Tax on Car Loan Interest.
What You Need to Know:
- Tax Deduction: Taxpayers may be able to deduct qualified auto loan interest per year for tax years 2025 through 2028.
- Eligibility Requirements:
- The interest must be paid from a loan on a new passenger vehicle used for personal purposes (used vehicles do not qualify).
- Vehicle was purchased on or after January 1, 2025.
- Borrowers must include their vehicle’s VIN (Vehicle Identification Number) when claiming the deduction.
- Qualifying Vehicles:
- Cars, minivans, vans, SUVs, pickup trucks, and motorcycles.
- Must be assembled in the United States (Vin Lookup).
- Must have a gross vehicle weight rating under 14,000 pounds.
- Interest Paid Information:
- Your total interest paid year to date for your qualifying vehicle is found on your December 31 Credit Union statement or under the specific loan account(s) in online & mobile banking. You will also recieve a seperate letter with this information. Tampa Bay Federal Credit Union advises members to consult their tax advisor or visit the IRS website “No tax on car loan interest (Section 70203)” for full eligibility guidelines.
In order for a mobile check to be accepted, you must endorse the check with the following information:
- "For TBFCU Mobile Deposit Ony"
- Account number for deposit
- Member Signature
This information is placed on the back of the check and must be legible in image to process.
Understanding the New Auto Loan Interest Deduction Under the One, Big, Beautiful Bill Act (OBBBA)
On July 4, 2025, the OBBBA was signed into law, introducing a tax benefit under Section 70203 — No Tax on Car Loan Interest.
What You Need to Know:
- Tax Deduction: Taxpayers may be able to deduct qualified auto loan interest per year for tax years 2025 through 2028.
- Eligibility Requirements:
- The interest must be paid from a loan on a new passenger vehicle used for personal purposes (used vehicles do not qualify).
- Vehicle was purchased on or after January 1, 2025.
- Borrowers must include their vehicle’s VIN (Vehicle Identification Number) when claiming the deduction.
- Qualifying Vehicles:
- Cars, minivans, vans, SUVs, pickup trucks, and motorcycles.
- Must be assembled in the United States (Vin Lookup).
- Must have a gross vehicle weight rating under 14,000 pounds.
- Interest Paid Information:
- Your total interest paid year to date for your qualifying vehicle is found on your December 31 Credit Union statement or under the specific loan account(s) in online & mobile banking. You will also recieve a seperate letter with this information. Tampa Bay Federal Credit Union advises members to consult their tax advisor or visit the IRS website “No tax on car loan interest (Section 70203)” for full eligibility guidelines.
Need extra help navigating our site or services? With Co-Browsing, a Tampa Bay Federal representative can securely guide you through the steps in real time—so you never have to figure it out alone. To get started, reach out to us through chat or the call center.
Stay connected through secure messaging in Online Banking. Send us your questions anytime and receive quick, reliable answers—without having to visit a branch. Log into online banking to start a chat.
Get help whenever you need it with our chat feature. Our virtual assistant is available 24/7 to answer questions and guide you through common tasks. When you need extra support, a Tampa Bay Federal representative is available during business hours to provide live, personal assistance. Start chatting with DOT by clicking "Live Chat" in the corner of your web browser.
Tampa Bay Federal offers a variety of loan options to fit your needs, including auto loans, home loans, home equity loans and lines of credit, personal loans, signature loans, credit-building loans, and credit cards. We also finance motorcycles, boats, RVs, and other recreational vehicles—plus business loans to help local entrepreneurs grow.
Tampa Bay Federal's routing number is 263183010.
To log into Tampa Bay Federal Online Banking, choose the Online Banking button on the top right corner of any page on the Tampa Bay Federal website.
To report your Tampa Bay Federal Debit Card lost or stolen, call (800) 472-3272.
To report your Tampa Bay Federal Visa Credit Card lost or stolen, call (800) 449-7728.
If your employer offers direct deposit, give the payroll department our credit union’s routing number 263 183 010 and your account number.
There are several ways to make a payment on your Tampa Bay Federal Loan. Pay online, login to online banking, contact our Member Contact Center or visit a branch.
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